The average apartment rent in Chicago city, Illinois is 1,943. An average Chicago one-bedroom apartment rents for an average of $1,812 per month while a two-bedroom fetches $2,310, based on the most recent data from Rent Jungle. Renter-occupied units make up 55% of the local housing market, while the rental vacancy rate in … The average apartment rent over the prior 6 months in Chicago has decreased by $86 (-4.5%) One-bedroom units have decreased by $80 (-4.7%). $765. Search 7,919 Rental Properties in Chicago, Illinois. Median Rents. 1 Average gross rent in Chicago was $1,196 in 2019. Median rent is just under $2,000 a month for a one-bedroom apartment. Find Chicago apartments, condos, town homes, single family homes and much more on Trulia. $1,250. Median. Median Rents. Top 25%. One-bedroom apartments in Chicago rent for $1639 a month on average (a 1.28% increase from last year). Monee Key Stats: Affordability ratio: 2.5 Cost of living: 93, compared to the Chicago average of 116 Income spent on rent: 18.1 percent Monee is a wonderful little spot to call home if you’re looking for a place to raise your family near Chicago—with about half the price tag. Studio. Rogers Park. Apartments for rent in Chicago, Illinois have a median rental price of $1,725. The median monthly gross residential rent in Chicago, IL (the Chicago-Naperville-Joliet metro area) was $1,139 in 2019 according to the Census ACS survey. Median. For FY 2020, the Chicago-Joliet-Naperville, IL HUD Metro FMR Area (Kane County) rent for a studio or efficiency is $956 per month and $1,888 per month to rent a house or an apartment with 4 … The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. South Side. 1BR. Bot 25%. Chicago, IL ». This is one of the best neighborhoods in Chicago if by “best,” you mean expensive and upscale. Beds. Beds. Two-bedroom apartment rents average $2192 (a 0.59% increase from last year). There are 26994 active apartments for rent in Chicago, which spend an … Bot 25%. Rent trend data in Chicago, Illinois Chicago Average Rent. Top 25%. $935. The average rent in Chicago fluctuates but when you want a lot of space per dollar, look in less famous neighborhoods like Rogers Park. The Fair Market Rent in Illinois ranges from $698 for a 2-bedroom apartment in Franklin County, IL to $1,248 for a 2-bedroom unit in Chicago-Joliet-Naperville, IL HUD Metro FMR Area . 1. According to March 2019 data from Apartment List, the median rent for a Chicago apartment stands at $927 for a studio and $1,076 for a one-bedroom place. 2020 Chicago median and … BedsAny1+2+3+4+5+ Use exact match Bathrooms Any1+1.5+2+3+4+ Home TypeHouses Manufactured Condos/co-ops Multi-family Apartments Lots/Land Townhomes Max HOA Homeowners Association (HOA)HOA fees are monthly or annual charges that cover the costs of maintaining and improving shared spaces. $1,575. Upgrade to a two-bedroom and you can expect to pay around $1,265. If affordability factors into your question of “Where is … As of December 2020, average rent for an apartment in Chicago, IL is $1823 which is a 0.88% increase from last year when the average rent was $1807 , and a 0.16% decrease from last month when the average rent …

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